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JetBlue raises bag fees for third time in a year as fuel costs bite
CNBC • • business
Key Points:
- JetBlue Airways has increased its checked bag fees for the third time in under a year due to rising fuel costs impacting airline profits.
- Economy travelers now pay $50 for a first checked bag if purchased over 24 hours before departure during non-peak times, rising to $60 if paid within 24 hours; peak period fees can reach $70.
- Exceptions to the fees apply for customers with JetBlue co-branded credit cards or elite frequent flyer status.
- The surge in jet fuel prices, nearly doubling since February due to geopolitical tensions, is a major factor driving these fee increases and higher ticket prices.
- Other major U.S. airlines often follow JetBlue's lead in raising baggage fees, as seen earlier this year.
